Stocks making the biggest moves after hours: PANW, SEDG, FANG – CNBC
Check out the companies making headlines after the bell. Palo Alto Networks – Shares fell nearly 19% after the cybersecurity company’s full-year earnings guidance fell short of expectations. Palo Alto Networks said it now expects full-year revenue growth to be 15% to 16%, down from its previous forecast of 18% to 19% growth. The company […]
Stocks making the biggest moves premarket: Home Depot, Walmart, Intel, Arm Holdings and more – CNBC
Check out the companies that are trending in pre-market trading. Home Depot – Shares fell about 2.5% after the company beat fourth-quarter earnings estimates on revenue and bottom line but issued guidance that was lower than expected. The company had expected full-year sales growth of 1%, compared with the 1.6% expected by analysts compiled by […]
Barclays posts fourth-quarter net loss, announces major strategic overhaul – CNBC
Barclays Bank’s UK headquarters are located in Canary Wharf, London. Matt Crossick/PA Image (Getty Images) LONDON – Barclays on Tuesday reported a fourth-quarter net loss of 111 million pounds ($139.8 million) as the British lender announced a wide-ranging strategic review. Analysts polled by Reuters had expected net profit attributable to shareholders to be 60.95 million […]
Gold at $3,000 and oil at $100 by 2025? Citi analysts don't rule it out – CNBC
(L) Oil Pump Jack and (R) Gold Bars Getty Images If any of three possible catalysts occur, gold prices could rise to $3,000 an ounce and oil prices to $100 a barrel within the next 12 to 18 months, according to Citi. Gold, currently trading at $2,016, could rise by around 50% if central banks […]
Morningstar strategist names 3 under-the radar stocks – CNBC
The stock market has fared well so far, with the S&P 500 index rising above 5,000 this month. However, continued political tensions and uncertainty over when the US Federal Reserve will cut interest rates have raised questions about which sectors will perform well, with many market participants predicting that 2024 is of the view that […]
S&P 500 futures are little changed as investors look to holiday-shortened trading week: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange during afternoon trading on February 5, 2024 in New York City. Michael M. Santiago | Getty Images S&P 500 futures were mostly flat on Monday night as the market emerged from its weakest week in more than a month. Futures tracking the S&P 500 […]
European markets close slightly higher; Temenos up 8.8% – CNBC
8 minutes ago European stocks end higher European stocks rose slightly on Monday, with the Stoxx 600 index up 0.17% after gaining 1.4% last week. Britain’s FTSE 100 index rose 0.22%, while France’s CAC40 index was flat and Germany’s DAX index fell 0.15%. See chart… STOXX 600 index. 2 hours ago AstraZeneca executive says lung […]
Megacap U.S. stocks are carrying the rest of the world. Here are the risks, and where to look for diversification – CNBC
Big tech stocks don’t just drive the U.S. stock market, they unite the world. U.S. stocks currently make up 70% of the MSCI World Index, a benchmark of large- and mid-cap stocks from 23 developed markets. This level represents the highest country weighting since the index’s inception in 1986. Correspondingly, it also has the lowest […]
China markets rise as upbeat holiday travel data boosts tourism stocks; Hong Kong shares fall – CNBC
1 hour ago Chinese travel stocks rise as holiday tourist numbers surpass pre-pandemic levels The China Travel Stock Index rose 2.1% in early trading on Monday, its highest level since January 30. Shanghai-listed Air China rose 1.2%, China Southern Airlines rose 1.7% and Hong Kong-listed Chinese online tourism services group Dongcheng Travel rose 1.5%. Toledo […]
The Fed is set to cut rates this year. Here are the Asian currencies that stand to benefit – CNBC
A portrait of Mahatma Gandhi appears on an Indian rupee banknote in this arrangement photo taken on Wednesday, September 12, 2018 in Bangkok, Thailand. Brent Lewin | Bloomberg | Getty Images The Fed took a dovish stance in December, and markets are pricing in rate cuts through the summer.of CME FedWatch Tools He suggested the […]